Michael Jackson on the blockchain, Web3 gaming trends in 2024: Nifty Newsletter

Executives working in the gaming industry weighed in on potential Web3 gaming trends in 2024.

In this week’s newsletter, read about how Michael Jackson’s first recording is coming to the blockchain and why the nonfungible token (NFT) lending protocol ParaSpace was rebranded to Parallel Finance. Check out how the Rarible ecosystem is furthering its commitment to royalty enforcement, and find out what executives working in the gaming industry think about the future of blockchain gaming in 2024. 

An NFT of a track titled “Big Boy (One-Derful Version),” by Michael Jackson, will hit the blockchain through the music platform Anotherblock. The track is the first-ever studio recording of a young Michael Jackson. 

The track was recorded in 1967 when an eight-year-old Michael Jackson recorded his inaugural studio session at One-Derful in Chicago with his brothers. Anotherblock CEO and co-founder Michel Traore told Cointelegraph that dropping the track on-chain will elevate the song beyond being a commodity. 

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